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Magic Leap Raises $461M from Saudis

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Re: Magic Leap Raises $461M from Saudis

#91
post #84

Earlier quoted context omitted.

I expect that they'll do what they do at every conference: show video of a celebrity wearing and reacting to the product.

I think you'll be surprised if that's really what you expect. Developers don't pay money to see something like that. They're there to learn and the three presentations are aimed at using the platform. Expect an SDK release as well.

It's GDC, not MLC. I doubt many people decided to attend the conference solely due to Magic Leap's presence.

Re: Magic Leap Raises $461M from Saudis

#92
post #30

Regardless of whether Magic Leap is a Theranos level scam (and I personally think it is), this is additional evidence that there are massive amounts of investment money available out there.

Theranos' tech plain didn't work. If you're looking for a historical analogy that fits better, I'd suggest Segway. There's a number of parallels with Magic Leap. Both have engineering founders. Both founders made their first big money in medical tech (Kamen with stents and Abovitz with Mako Surgical). Where things got away from Segway was on the PR + Hype front and that seems where Magic Leap is at as well. Magic Lea…

>…going to lay the foundation for what replaces mobile phones

I having a hard time seeing how this technology (and AR glasses/devices in general, at least what we hear of it) is going to be more of utility in the future than the billions of people with cheap smartphones are today.

I think brain(neural) computer interfaces (transmitters/sensors) have a better chance of leaping over the smartphone than anything coming from this, and currently have utility to some of the most physically marginalized people on the planet, which is a lot more than magic can say for its product.

Re: Magic Leap Raises $461M from Saudis

#93

Changing the world one murdered-by-starvation Yemeni at a time. How do you accept funding from oppressive, dictatorial, mysoginist regimes and then claim to “make the world a better place”? Sigh. The political implications are so ironically cringe-worthy

There is no such thing as clean money. Everything we've built in the west was done on stolen land, on the backs of slaves and migrants. So whether it's $450mil that came off the backs of Yemenis or $450mil that came off the backs of natives and mexicans - it's all the same.

Re: Magic Leap Raises $461M from Saudis

#94
post #80

Their old website shows all the lies. https://web.archive.org/web/20150402084910/http://www.magicl... It promises a product far more futuristic and advanced than they are delivering this year: https://www.magicleap.com/

Nothing you showed demonstrates anything close to a "lie".

Re: Magic Leap Raises $461M from Saudis

#95

Changing the world one murdered-by-starvation Yemeni at a time. How do you accept funding from oppressive, dictatorial, mysoginist regimes and then claim to “make the world a better place”? Sigh. The political implications are so ironically cringe-worthy

How many Iraqi civilians died from the USA led invasion? What nation has the highest level of incarceration in the world? In Saudi Arabia their regime is hereditary but in the USA we elect our leaders. Who should we be angry at?

We should elect better leaders and avoid getting in bed with such regimes.

“Be the change you want to see in the world”

“Practice what you preach”

From a previous article

“Most people do not share the belief that a process must be morally pure before its results can be celebrated; they can be jubilant about the Falcon Heavy and question Tesla’s treatment of its workers at the same time, without the one invalidating the other. “

Re: Magic Leap Raises $461M from Saudis

#96
post #91

Earlier quoted context omitted.

I think you'll be surprised if that's really what you expect. Developers don't pay money to see something like that. They're there to learn and the three presentations are aimed at using the platform. Expect an SDK release as well.

It's GDC, not MLC. I doubt many people decided to attend the conference solely due to Magic Leap's presence.

Er, I didn't say that. But the three presentations are to teach devs how to use their platform. I'm sure you were just being snarky with the assumption that it will just be another celebrity appearance, but I'm pointing out that there is about to be a windfall of info about their device, it's capabilities and real world demos.

Re: Magic Leap Raises $461M from Saudis

#97
I really can't understand the hatred directed towards Magic Leap. All we know at this point in time is a) those who have experienced the technology are impressed (but obviously bound to NDA) and b) ML has raised near-unprecedented amounts of money for a company with no product on sale (2.3MM by CB[1]). To think Google and Alibaba, not to mention other big funders, are so wrong in their large contributions is serious - such a mistake is historic. I'm not suggesting they will deliver, only that all we can say is we don't know.

[1]https://www.crunchbase.com/organization/magic-leap

Re: Magic Leap Raises $461M from Saudis

#99
post #75

Earlier quoted context omitted.

Could you please explain to a non-American what do you mean here? Sounds like something that is interesting to know :)

in brief, and this is a highly anecdotal biased view, florida (in aggregate, not the more liberal cities) is a deep red state that generally agrees with Trump. https://www.politico.com/2016-election/results/map/president... as a random white person, caucasian floridians I have met are racist as hell. You would not believe the things that come out of their mouths when there are no ethnic/religious minorities within ea…

> as a random white person, caucasian floridians I have met are racist as hell. You would not believe the things that come out of their mouths when there are no ethnic/religious minorities within earshot and they believe you to be a person that might agree with their worldview.

Where did you come to in Florida? I haven't met people like what you are describing. Or perhaps you brought up the subject with them? When you say "as a random caucasian" that gives me the impression that there is a little racism in the air.

Re: Magic Leap Raises $461M from Saudis

#100
post #99

Earlier quoted context omitted.

in brief, and this is a highly anecdotal biased view, florida (in aggregate, not the more liberal cities) is a deep red state that generally agrees with Trump. https://www.politico.com/2016-election/results/map/president... as a random white person, caucasian floridians I have met are racist as hell. You would not believe the things that come out of their mouths when there are no ethnic/religious minorities within ea…

> as a random white person, caucasian floridians I have met are racist as hell. You would not believe the things that come out of their mouths when there are no ethnic/religious minorities within earshot and they believe you to be a person that might agree with their worldview. Where did you come to in Florida? I haven't met people like what you are describing. Or perhaps you brought up the subject with them? When yo…

Merritt Island / Cape Canaveral area.

In a work environment, I in no way brought up the subject of anything controversial race/religious/ethnic related.

At the time I worked for a market sector that does a lot of telecom-related work overseas and in developing nation environments. Probably with a higher than usual percentage of ex military people.

What i meant by "As a random white person", by virtue of me being pale skinned and from a northern country, other people took it as tacit acceptance that they could raise their bigoted views towards me... Basically the sort of folks who go on endlessly about how Sharia Law is coming to the united states, and barack obama is a secret muslim kenyan communist manchurian candidate.

What I have found in the US is that racism is alive and well everywhere. In the US southeast it's more overt.

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